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in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich but president obama held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates,
if they want to confirm rice. republicans stall worth john mccain and lindsey mccain have come out strongly against her citing the benghazi attacks and her remarks. today, moderate republican susan collins indicated that she might feel similarly. collins and republican senator bob corker had a 75 minute meeting with rice and afterward they still don't sound convinced. >> i still have many questions that remain unanswered. >> there's a handful of people that the president surrounds himself with that all of us hold to a very different level, and the secretary of state no doubt is one of those. we want someone of independence. >> well, president obama and secretary clinton both rushed to her defense. >> i couldn't be prouder of the job she has done. >> susan rice has done a great job as our ambassador to the united nations and of course, this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> but they're not just going to have to convince props even some democrats were reluctant to overtly support her. jon test
? producer john tower has your answers. >> i'm an inso mamniacinsomniac and joe do not look early doing this early show. are they being punished by comcast? >> we love it. i don't know what you're talking about. we love it. we are up so early in the next one. what's the next one? >> mandy on twitter. >> mandy, yes. >> come on, guys, be nice to the weather guys. his show was better than what you guys did today. more bill karins. >> more bill karins. control room, do we like bill karins? oh. really? great. you're all fired. okay. "morning joe" starts right now. >>> see, here's what happened. two summers ago, congress realized that if they couldn't compromise on a deficit and revenue plan, our economy would crash. turns out they couldn't compromise. so here's what they did. in order to force themselves to work together and compromise, they concocted a catastrophic penalty that would itself crash our economy. brilliant. put it another way. if there is an asteroid headed towards the earth, we made it and fired it at ourselves. because otherwise we would never have done the hard work required
this weapon it's the kind of regime he's been leading. >> where are they taking you, john? >> to jail. >> john mcafee under arrest in guatemala for entering the country illegally. >> he vanished after his neighbor was found dead. >> the administration, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senat
to the closing bell" starts right now. you heard it from the horses mouth. and it has gyrated the market. john boehner said no substantial progress on fiscal cliff debt deal while harry reid insists we democrats are on track and will finalize it this year. even chuck schumer weighed in saying progress is being made on the hill and the next is a taste oversensitive. take a look at the intraday, you can see how it was jerked around today. right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers.
. >> to that point here's john boehner talking about when he saw that opening offer. >> i was flabbergasted. i looked at him and said you can't be serious. i just never seen anything like it. you know, we got seven weeks between election day and the end the year. and three of those weeks have been wasted with this nonsense. >> okay. >> it's clear he's not pleased from his ha. is the president in danger of going too far? >> no. i think that everyone is amazed that president obama is pursuing an absolutely normal approach to negotiation. people over the last two years got so accustomed to his strategy of almost preemptive concession, you know, you don't like this, i'll give you more. i'll give you more. what obama did is say look here's what i want. this will solve the problem in my view and by the way we still don't have a recovery that's going quickly enough, we still need to goose the economy some. and the republicans are flabbergasted that he's not already making concessions and all he's asking for is okay guys, you say we don't have to raise the top rate, show me how you're going to do it with all
rates are going to have to go up. >> house speaker john boehner appears to be struggling now that the president and democrats are negotiating for a position of power. talking points memo points out republicans are used to getting 70% to 75% of what they ask for in these types of negotiations but now speaker boehner is going on and on about how he's shocked and amazed at president's plan and is refusing to offer a counter plan on the republican side. you want to talk about this or anything else, join us online at current.com/stephaniemiller. we'll see you with more after the break. kind of guys who do like reverse mortgage commercials? those types are coming on to me all of the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers, thinking. >> okay, so there is wiggle-room in the ten commandments, is what you're telling me. >> she's joy behar. >> and the best part is that current will let me say anything. >> what the hell were they thinking? >> only on current tv. brought to you by geico. 15 minutes could s
>>> at the top of the show we asked why are you awake? john tower has some answers. first, i have a few. can you get your pops to do the "gangnam style" on the next appearance on the show? i don't think so. also up way too early. hoping that mika will get me the pizza hut perfume. not a chance. what else do you have, john? >> why am i awake? fab mika and witty joe, no. that's guy million-dollar smile. he gets me out the door every morning. >> you're fired. take it. >> "morning joe" starts right now. >>> it took us three months to establish trust. these guys don't trust each other. they don't even trust each other in their own party. you've got leaders who, people behind them with a shif hoping they can get their job the next go 'round. poor old durbin has people over his back because he voted for this package. and the republicans, boehner's got to go to work and come back, and now there's 70 of them left, the tea party guys. these are guys who went to congress not to limit government but to stop it. so what are you going to do? we've got five democrats, five republicans who range
between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> we look back republican senator rand paul from the state of kentucky. senator paul, welcome, as always. i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >
washington correspondent john harwood is here with the very latest on the negotiations, such as there are negotiations, job. >> reporter: tyler, people say it is sometimes darkest just before the dawn -- unless it is just before it goes pitch black. it is sometimes hard to tell the difference between a process that's proceeding behind the scenes and one that really is what you see is what you get. i just stepped out of jay carney's white house briefing. he was drawing again a hard line on raising tax rates for people at the top which republicans are resisting. if you want the sunday talk shows, as we show in this little montage here, you could easily come to the conclusion that this thing is stuck. >> only thing standing in the way of that would be refusal by republicans to accept that rates are going to have to go up on the wealthiest americans. i don't really see them doing that. >> i think we're going over the cliff. >> right now i would say we're nowhere. >> reporter: but i still think, tyler, that there are back-channel negotiations going on. there is the framework
john mckinnon. but first of all, do you have any loopholes that you take advantage of? caller: i am a senior and i pay taxes on my social security and my pension. host: did you ever take a deduction for owning your own home or anything like that? caller: i don't own a home. host: ok, thanks. guest: he makes an interesting point. when obamacare is taking effect in the next few years, and there is a lot of uncertainty among businesses, small businesses in particular, that feel they are facing an expensive mandate to provide health care coverage to their workers. they feel there is a backup system is being put in place to provide coverage to those workers and other folks who are not able to get coverage in the workplace. there's a lot of uncertainty among businesses in particular about how it is going to affect them. that is part of the overall of the business community. if you are concerned about the burden that is going to create for individuals, i think that is really less of a concern, and particularly for those getting older. it is really not a concern at all. medicare is still go
speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my pancakes. we have just come down from higher levels. the ibex up .2 of a percent. overnight we saw china leadersh
are looking ahead through 2013 to see where the opportunities might lie. let's talk with john blank. he is the chief equity strategist, the big-picture guy. so, let's talk generalities. bulls or bears, who will be doing most of the running in 2013? > > in my camp, i am a bull, and w i think we can get a 10% return out of next year. > very good. how about through the year? will it start out looking a little weak and we will find our stride in later quarters? > > that is mercury to me. i think you are probably likely to see a january effect and have pop, which is traditional. and i expect through april or may you might see the bulk of the run, and then it will taper off. > focus on some sectors. a lot of people are saying health care is going to continue to be robust. how do you see it? > > i am actually bullish on global sectors. i think we are going to see an asia-pacific-, china-driven market that we haven't seen in five years. and i see i.t., which is beaten down right now, but i would take a position in. i see industrials, which have good global exposure as a stock area that would pu
meetings with john boehner. >> gretchen: it is annoying to see just a campaign. how many people are tired of a campaign speech. why not come to the table and figure it out. i don't understand it. >> steve: at this point, both sides know what they will give up. what their concessions will be. they don't want to go first. we are 33 days away from the official fiscal cliff and sailing off of it . in the washington post they describe a sense much gloom descending over the capitol, bowles meet and he sees one and three chance of an agreement before january. but mr. bowles had met with the president the day before and president had flexibility about that higher tax rate. he wants 39.6 percent. maybe he would take 36, seven,. >> brian: or raise the thres hold. >> gretchen: why would the president be in a negotiating position . he won reelection . >> steve: this is behind the scenes. >> brian: leverage we can go back to recession. you cannot blame george bush because he is in dallas. here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjo
, the family grows, it is just great. >> fred and john, congratulations. we're next. >> okay. take it away, don. >>> i'll keep you in the loop. any minute now, we could get a statement from the nation's highest court on whether the justices will conside cases concerning same sex marriage. this is a big deal. we're waiting for word. but first this, the fiscal cliff, the talks hit a huge road bump. zingers and verbal jabs are flying while actual talks are at a stand still. president obama says republicans must agree to preserve a middle class tax cut as first part of any deal. and he linked republicans to scrooge today while touring a pennsylvania toy factory. listen. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family, everybody here, you'll see your taxes go up on january 1st. i mean, i'm assuming that doesn't sound too good to you. that is sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> that's pretty scroogy, right? president obama's proposal calls for $1.6 trillion in new tax reve
irresponsible. for all this and more joining us now is katie pavlich. what speaker john boehner has always said, a dollar tax increase, a dollar spending cuts. >> president obama who jay carney represents during his daily press briefings at the white house wants an unlimited debt limit. he wants no debt ceiling on the amount of money that he can spend. so jay carney is taking shots at john boehner who has said look it's not a serious discussion about how we're going to solve the fiscal problem unless of course we match spending cuts to the number of dollars we increase in the debt limit. >> do you think that could pass congress in all seriousness? no more debt limit? no more power of the purse strings? >> no. >> that's insane. i think it's in the constitution. >> yes. and although president obama this because he got re-elected has he had has a mandate to do whatever he waumpbts, he forgets that the house republicans were also re-elected to kind of hold the line on spending. so no, i don't believe that would make it through congress. >> what about this utterance by the president today? instead o
>>> at the top of the show we asked why are you awake? why? john tower has some of your answers. >> we have with a terrible flu. still have the energy to argue with joe, i know he can't hear me, but it takes the pain away. >> you can get like a really high temperature and burn it off. just listen. >> i've got heart felt responses. i've been watching the show at 2:30 a.m. since going on maternity leave two months ago, i can't wait until my baby sleeps better and i can stop watching. >> i love it. >> and in new jersey, jet lagged from a trip to india. so you have me as your viewer for another week until i get out of jet lag. >> we'll take you a week. >>> "morning joe" starts right now. ♪ >>> nation, i love new york city. the big apple, the city that never sleeps, rat zanadu. so i was crushed to learn the metropolis i know and love has changed. >> not one person was murdered in new york city on monday. nypd deputy commissioner paul brown couldn't even remember the last time a day went by where not one person was shot, stabbed, or slashed. >> what happened? i remember the real new
listen. what were they looking at versus what i was looking at. they were looking at john carter, i was looking at the new bond movie. one after another, they were all down beat. is the expansion too rapid? whether demand for expensive coffee is there. i was waiting for a guy to say, listen, that triple cappuccino it stinks. if i were howard, i would tell them to take a hike. they were too negative versus what the company's up to. opportunity. starbucks was actually down. one time -- i have the apple ipad, you know, thing i'm like, wow, it's under 50. i mean, wow. terrific opportunity. ipad, i mentioned it, surprised one didn't come down and hit me over the head and knock me out. apple. if we're going off the fiscal cliff, we know capital gains tax rates are going higher, right? right? that's obvious. do you think the republicans have the power to keep those capital gains rates down? apple's become a referendum on the president's power. right now he has the upper hand, then he can really roll them and intends to do so. it's reasonable to take some profits so you can pay the tax man
in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no details. >> brian: it is good there is no details. i just talked to the president and he's not listening to me . i talked to the speaker and he dug in. that is a good sign. >> steve: keep in mind, the last offer on the table was made by the republicans. the republicans are waiting for a counter offer. the white house said that is not serious, we are waiting for a offer from the republicans. tim geithner was on cnbc yesterday and asked whether or not the federal government is preparing to go off the fiscal cliff in particular this administration. he answered unfortunately in the affirmative. here's tim. >> if republicans do not agree to that is the administration prepared to go over the fiscal cliff. >> we face no prospect of agreement that doesn't involve the rates going up on the top two per
point to someone in china. john lucas is an internet security expert and the international president of high-tech crime experts. did i get your last anytime right? >> close. megyn: thanks for the clarification. now, he's on his personal computer, but he's on government sort of property doing work for the government on his personal computer, and he's talking to people who still have all the clearances and so on, and why do we believe it was the chinese? >> well, what happens is when the fbi or anybody gets involved and started tracking this back, we're going to trace the ip addresses and the connections that gives you a connection from where the source is coming from. now, i guess they ended up in china, but that doesn't necessarily mean that it could have been someone from china. somebody could have hacked in from another country and started that attack from a chinese server inbound to the u.s. but the fbi's very, very, you know, keen on this stuff, so i'm sure the end source was china. megyn: they say that he not only is he, obviously, the former chairman of the joint chiefs, but th
. at least for today. progress getting a fever pitch as john boehner says white house needs to get serious. senate majority leader harry reid says he is waiting for a serious offer from republicans. so there you can see the stock market slightly higher, reacting to every last word coming out of capitol hill. now the dow was higher, but off of the best levels of the session as we make progress. melissa arizona is the latest state to refuse the exchange. we will bring on judge andrew napolitano to talk about this one. lori: "time" magazine announcing it candidate for person of the year. wait until you hear who the candidates are. we will handicap the list with lou dobbs. melissa stocks as we do every 15 minutes. nicole petallides standing by. stocks are losing sseam as house speaker john boehner took the podium although they have recovered a bit. nicole: is difficult to monitor which way and guess which way the market will go as each headline process crosses, we'reg the market being started around the unchanged line. and then you have people saying how the white house has had a change of tun
? the question, are we going to give them money for this upgraded status? let's ask john boulton, former u.s. ambassador to the united nations. he joins us on the phone. it's very simple, ambassador, are we going to be paying for palestinian? >> well, i think it's going to come in very short order, this vote won't do it, but, you know, this is part of the effort by the palestinian authority over the years to pretend that it's actually a state, and to justify more assistance, i think it will try and use u.n. channels more effectively to get money and may well join other u.n. specialized agencies now that the general assembly said it's the state. ab you know, israel and the state department have tried to play down yesterday's vote, but i'm afraid unlike a lot of u.n. votes which truly are completely meaningless, this one is going to have a real effect. >> ultimately i've got about 20 seconds left. are we going to be looking at billions of american taxpayer dollars going to palestine? >> under the obama administration, i think it's a real risk. i think they've been hostile to israel and this
it's just a speculation. john in florida. >> caller: jim, big booya to you from lake ashland, florida. >> man are you lucky throb. it's so miserable here. what's up? >> caller: baidu. >> no, no, i can't own individual. a loss there represents a value. john in florida. >> caller: hi, jim. i just want to mention i don't know if anyone ever told you but you remember billy joel, not lennon like you showed that portrait last week. >> billy joel was quite a hero in the concert for sandy. he looked great and he sounded great. >> if i don't like billy joel, i'm done. >> caller: what's your opinion on plcn, polycom? >> we don't want to be in anything i regard as video and voice because you'll be competing against the giant that is cisco! >> glen in illinois, please. again? >> caller: i'd like to thank you on your excellent insight into jobs in general. >> my stock has been up at past eight trading days and i was wondering if this was any case the stocks were to pop. cldx is the prop. don't know why it's up. got to come back. sorry. could be a could good expectation. >> all my florida calls are
in numbers. unitedhealthcare. >>> at the top of the show, we asked you why are you awake? producer john tower has your answers. john, please be kind. >> we have a special one this morning. the brian williams writes, i love "way too early," but bill karins makes me nervous. i associate him with severe weather, counterclockwise flow and wind gusts of 70 miles an hour. i love bill but can't watch right now because i'm preparing for a storm surge of some sort. what happened to the other guy who used to host? >> the other guy, i think, is doing okay. as far as my death, destruction and devastation forecast, i think they'll be back very soon. anchor guy bri, you'll be just fine. no need to be nervous. "morning joe" starts right now. ♪ ♪ it's the most wonderful time of the year ♪ >>> good morning. it's thursday, november 29th. with us here on set, look at the tree all lit up. beautiful. lights went on last night right outside our building here at 30 rock. joining us this morning, the chairman of deutsche inc., donny deutsch, former treasury official and "morning joe" economic analyst steve rat
by more votes than george bush beat john kerry and we know that was a blowout. people think of that as a blow out. this was a bigger blowout. >> it all came down to battle ground statements. we knew it was going to come down to battleground states. looking at the votes in those states, and florida, obama's lead increased by more than 28,000 votes. >> bill: over the previous -- >> yeah. >> bill: 2008. yeah. >> exactly. in ohio, his lead went up by 50,000 votes. in virginia, he gained 40 more votes. >> bill: so he actually ran better in many of those battle ground states than he did in 2008. and here is the most delicious part of all. if president obama is a 51% mitt romney is at 47%. 47%. >> 47%. >> mitt romney's famous 47%. remember how he banged on the 47%, chapterized the 47%, ridiculed the 47%esis part of it, baby. he will forever be known as the 47 percenter. >> maybe there is a god and she is hilarious. because that is just too funny. >> isn't that cool? >> really cool. yeah. so he is part now of the 47%. >> that's probably what
but there was one time -- john made the comment that india or iran will beat the united states because iran plays chess and america plays baseball. in the gulf war, americans play tennis, we play golf. to a certain degree when you think about these kinds of questions about strategy and how you are thinking i do think that those i know that think because we have a question about where is china going and how is it thinking about it world? my sense is chinese strategists are very smart, have a plan, looking at assets. i don't know the chinese name for go but the black chips and white chips when you look at assets around the world and how they're moving them identity when i think about u.s. strategy can speak for canadians but i can think with the exception of jim miller we tend to be more reactive in my view that we are strategic but i do sense there is our strategic game but china is playing. so in closing beyond responding to the final comments from those we assembled by would like to get a quick snapshot of your assessment of chinese strategy in the world and whether you take it seriously or whet
as the star john major. >> thank you. -- as the sergeant major. >> thank you. a 50-50 district went for president obama appeared a long history of being centrist on issues but very pragmatic. the farming district includes health care systems. spearhead and some of the reforms there. what came loud and clear through was, let's try to focus on the politics we agree on, move those things, and then come back later to the things we disagree on. the issue of a discharge petition to move forward, this is something we agree on. there is not a single republican who signs this who is violating any pledge they took on taxes. this will ensure we think the middle class tax. it provides a certainty you heard the talk about during a very important time to spend money for this. i think it spends -- sends a strong signal. maybe there is another component to this. there are other members who have to go back home and say, what did you do to make this different? all we are asking for is folks will vote for this. i think many in the house will eventually vote for this anyway. the president said he will
is about to speak in front of the business roundtable. good morning, john. >> good morning, carl. he's talking to the business roundtable. you can expect him to highlight one aspect of the discussions, that the business roundtable has championed. john edge her, who heads the roundtable has suggested a five-years fix to the debt ceiling issue. you know, we have these periodic debt limit fights in washington, one in 2011 caused a downgrade in u.s. credit and created a real catastrophe politically for the republican party, for president obama as well, and so jo engler has talked about a resolution that would last for five years. the republicans don't want to go along with it. the administration has proposed a permanent fix. don't expect the administration to get that in the end, but at least it gives them something to talk about with this pro-business group, carl. >> the republicans spoke just a minute ago, john boehner saying his fellow republicans do in fact, as we watch the president work the room ahead of his remarks, they do back his opposition to raising rates outright. this chatt
and economic environment worldwide. we should not accept going through that. john engler, he and i don't philosophically agree -- i'm being honest about john, but he comes from the other party but he is exactly right when he said that the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. so i want to send a very clear message to people here, we aren't going to play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way, we have never done in our history until we did it last year, i will not play that game. because we have to break that habit before it starts. captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> you can see more of president obama's remarks tonight on c-span at 9:00 eastern. house speaker john boehner called on the white house to respond to the republicans' deficit proposal released earlier this week. at 8:00 eastern,
on the high ground overlooking the sea. visiting thelace where homer lived and worked is john wilmerding, deputy director of the national gallery of art. homer's studio was a remodeled stable set about 200 yards from a large summerhouse thatis older brother bought in 1883. although homer was close to his family, he enjoyed the solitude his studio provided, but most of all, it was the ocean outside which reall made this place so important to him. the love of nature was very much a part of homer's time. his family joined the growing number of americans in the late 19th century who could afford to escape the city heat and spend summers at the shore. homer's relatives on both sides had been engaged in shipping and trading for generations. his father, charles savage homer, carried on an import business. his mother, henrietta benson homer, was a watercolorist whose flower pictures were occasionally shown in professional exhibitions. winslow was born in boston in 1836. at the age of 21, after two years of drudgery apprenticeto a commercial lithographer, he vowed he would never have another mast
. from facebook, john says -- james says -- diana says -- here are some of the twitter comments we have received. bill says -- and biff -- and steve says -- and finally, jim says -- robert, north carolina, the republican line. caller: after this term of four years with the democrats, i don't think she has a chance. i am a business owner. four more years of this, i will be out of business. host: what kind of business do you have? caller: bulldozer's. host: how has business been over the last couple of years? caller: bad. i am barely staying in business. i do not know what to look forward to. i can hardly stay in business. the democrats in this country i think is wanting to kill us. business people, i cannot stand much more of it. host: robert on the republican line. linda is in texas. caller: i am just thrilled with the idea then. the only thing i would be more thrilled about is obama for a third term. host: but that is not constitutional. caller: a good president with a good philosophy for this country. what the role of government is, he is the right person at the right time to get this
-virus software pioneer john mcafee has finally been caught, but you will not believe where he was found and how he was actually located. we have details on this bizarre story that gets more bizarre all the time. coming up. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] >>> welcome back. check out zynga. the shareholders getting good news today after a tough year. the stock rallying after the company filed for gaming license in nevada. julia boorstin with the story on this big bet. over to you. >> investors are clearly relieved to see zynga is trying to make money from online gambling. getting a game license in nevada is a key first step. but a much bigger hurdle is the fact that online gambling is illegal in the u.s. zynga could be sitting on a gold mine if even a few percent of its monthly poker players gamble. e
geithner did little to change the mood on capitol hill. >> reporter: house speaker john boehner emerged from his sit- down with the president's negotiating team to declare he was disappointed. two weeks after the election, the speaker said democrats have yet to show what he called "adult leadership." >> right now, all eyes are on the white house. the country doesn't need a victory lap, it needs leadership. it's time for the president and congressional democrats to tell the american people what spending cuts they are really willing to make. >> reporter: that's not how the white house sees it. the administration called the republican position that tax rates should not change implausible after the election. and the white house warned republicans against using the debt limit as leverage to force agreement. >> asking for... that a political price be paid in order for congress to do its job, to ensure that the united states of america pays its bills and does not default for the first time in its history, is deeply irresponsible. >> reporter: at least talks are going on. the speaker and the pr
, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiratin on december 31, te consequences would simply be devasting. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. e very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the
to our nation in beijing. i would like to say john thornton, cheng li and jerome cohen for this series. for bringing he weifang to the broader international audience, you are enriching the knowledge of china. thank you very much. it is fitting that he weifang should be the first person from the world of law in this series. he is somebody of incredible courage, which, incisiveness, and preach against -- prescience. i cherished member -- memories from harvard where we had a lot of discussions across the seminar cable and going to the boston symphony and, best of all, enjoying pigboat -- pick le tongue sandwiches. i want to frame my remarks today awhile -- around he weifang's writing. because of my respect for him, i want to convey the majesty of what he has done in a friendly, constructive way and push a little bit on a few points. specifically, i want to engage four respects in that will illuminate broader point about the challenges of law reform in china. he first concerns the chinese tradition. he takes great pride in his heritage, as he should, he does not see it as providing abundan
. the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we actually get there? >> i believ
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